Realmo Analytics

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Property profile

5308 12Th St E Fife, WA 98424

FOR LEASE
Other office properties
Property ID
US90-1744192
4,768 SF 0.59 ac lot Built 1978
Last sale Mar 1990 · $741,000
Individually Owned Owner of record is an individual. 36-yr Hold Held for 36 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
5308 12Th St E, Fife, WA 98424 For Lease
Contact for pricing 2,000 SF available
5308 12Th St E, Fife, WA 98424
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Property summary

AI-generated overview

This commercial property in Fife, Washington is configured for office use and includes ample on-site parking. It is located near Interstate 5 (I-5) and the Port of Tacoma, providing convenient regional access. The available office area is approximately 2,000 square feet and is designed to be demised.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$1.48M
Assessed land$701k
Assessed improvement$775k
Effective rate0.95%

Value estimate

· Oct 2026
$710k
$639k – $781k
CAP approach$870k
Submarket $/SF estimate$950k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$6k
Operating expenses−$9k
NOI · 188,853.33% cap applied$28k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$525/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$162 – $884
Qualifying comparables8

Cap rate analysis

How does the asset earn?
188,853.33%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
REGIONAL C
JurisdictionPIERCE

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy10.0
Nail Salon9.6
Hair Salon9.1

Location

5308 12Th St E Fife, WA 98424
County assessor Recorded deeds · 4 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31214 124th SE, Auburn, WA 98092-3667 $520,000 May 2025 1,148 SF
3415 Auburn S, Auburn, WA 98092-7268 $165,000 Apr 2022 11,457 SF
2801 Auburn S, Auburn, WA 98092-7961 $453,213 Sep 2019 2,680 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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